Cases of oppression and mismanagement

RAVICHANDRAN, K S

Cases of oppression and mismanagement A close look at the juridiction of Company law board vis-a vis an arbitral tribunal - 2012 - 1127-1133

Protection of minority rights enshrined under the companies act are statutory rights and the powers conferred upon company law board are statutory powers. Shareholders who are parties to an arbitration agreement can neither take away those statutory rigths nor enter into any agreement ousting the jurisdiction of CLB nor can any other judicail forum or court exercise those powers specially conferred upon CLB.

MISMANAGEMENT OPPRESSION

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